bp Cuts Pipeline Gas Trading Team as LNG Focus Expands
bp is restructuring its gas trading operations by scaling back pipeline gas trading as the company expands its global LNG business amid shifting European energy markets.
bp is restructuring its gas trading operations by scaling back pipeline gas trading as the company expands its global LNG business amid shifting European energy markets.
bp plans to sell portions of its ownership in two major UK carbon capture and storage projects as construction advances on the Northern England developments.
Ludoil agreed to acquire Sicily’s ISAB refinery, a facility representing more than 20% of Italy’s refining capacity, as Europe faces renewed fuel supply concerns.
Nigeria and Morocco are targeting a 2026 intergovernmental agreement for the proposed $25 billion Atlantic gas pipeline linking West Africa to Europe.
Bulgargaz selected Shell to supply a U.S. LNG cargo for delivery through Turkey as Bulgaria prepares for higher summer gas demand.
STATS Group has signed a European distribution agreement with Patriot International to expand access to pipeline repair, weld testing and mechanical connector technology across six countries.
Centrica has acquired the 850-MW Severn gas-fired power station in Wales for £370 million, expanding its flexible generation capacity amid rising power demand.
Turkey is seeking to renew and expand its LNG supply agreement with Algeria, with plans to increase import volumes and potentially move gas into southeastern Europe.
The BarMar hydrogen pipeline linking Spain and France has entered public consultation in France as developers advance a major European hydrogen corridor project.
bp is planning a new pipeline assembly facility in Azerbaijan to support development of the Karabagh offshore field and future Caspian energy projects.
KazMunayGas is redirecting oil exports to alternative routes, including the CPC pipeline, after Druzhba flows were halted, impacting supplies to Europe.
Pipeline construction is underway for Romania’s Neptun Deep project in the Black Sea, a major offshore gas development expected to reshape regional supply and boost European energy security.
New agreements and infrastructure initiatives aim to boost LNG import capacity, enhance regional gas interconnections and strengthen energy security across Central and Eastern Europe.
A keynote at PTC 2026 warns Europe must prioritize pipeline infrastructure and energy resilience over efficiency, as geopolitical shocks reshape gas supply, LNG imports and hydrogen network development.
Penspen will study how hydrogen could be integrated into gas pipeline networks serving UK industrial clusters, including conversion costs, infrastructure impacts and long-term system design.
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